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Passion Struck with John R. Miles

Edward Fishman on Economic Warfare: The New Age of Power Dynamics | EP 577

Passion Struck with John R. Miles

John R. Miles

Mental Health, Alternative Health, Education, Self-improvement, Health & Fitness

4.7779 Ratings

🗓️ 25 February 2025

⏱️ 68 minutes

🧾️ Download transcript

Summary

In this episode of Passion Struck, host John R. Miles welcomes Edward Fishman, a former top State Department sanctions official and author of the groundbreaking book Choke Points: American Power in the Age of Economic Warfare. The conversation delves into the evolving landscape of global power dynamics, where economic tools such as sanctions, export controls, and financial dominance have become the primary instruments of statecraft in the 21st century.Fishman explains the concept of "choke points," which refers to critical areas in the global economy where one country holds significant leverage, allowing it to exert influence without military intervention. He discusses how the U.S. has pioneered the use of economic warfare, particularly in response to the rise of authoritarian regimes in Russia and China, and the implications of this shift for international relations.The episode explores the historical context of economic warfare, the ethical dilemmas faced by policymakers, and the potential consequences of overusing economic power. Fishman emphasizes the importance of understanding these dynamics as nations navigate a fractured global economy, where the competition for resources and influence is increasingly defined by economic rather than military means.Full shownotes here: https://passionstruck.com/edward-fishman-on-the-new-age-of-power-dynamics/Key takeaways:
  • Factors contributing to the rise of economic warfare include:
    • The hyper-globalization of the 1990s leading to economic interdependence.
    • Political shifts post-9/11 that made military action less appealing.
    • The resurgence of great power competition, particularly with Russia and China.
  • The implications of sanctions and economic tools, emphasizing their dual nature as both offensive and defensive strategies.
  • The ethical dilemmas associated with economic warfare, particularly the humanitarian impact on civilian populations.
  • The potential for a fractured global economy, with nations becoming isolated economic deserts due to competing economic blocks.
  • The importance of maintaining economic security and the risks of over-reliance on economic sanctions are emphasized.
  • The dangers of a chaotic global economy where only great powers set the terms, potentially leading to military conflicts.
Connect with Edward Fishman: https://www.energypolicy.columbia.edu/edward-fishman/Sponsors:Next on Passion Struck:
In the next episode of Passion Struck, John sits down with Katherine Morgan Schaffler, a renowned psychotherapist and author of The Perfectionist Guide to Losing Control, a Path to Peace and Power. Katherine challenges the conventional view of perfectionism, suggesting that it can be harnessed as a personal superpower rather than a flaw. Don't miss this enlightening conversation that could transform your relationship with perfectionism.For more information on advertisers and promo codes, visit Passion Struck Deals.Join the Passion Struck Community! Sign up for the Live Intentionally newsletter, where I share exclusive content, actionable advice, and insights to help you ignite your purpose and live your most intentional life. Get access to practical exercises, inspiring stories, and tools designed to help you grow.  Learn more and sign up here.Speaking Engagements & Workshops Are you looking to inspire your team, organization, or audience to take intentional action in their lives and careers? I’m available for keynote speaking, workshops, and leadership training on topics such as intentional living, resilience, leadership, and personal growth. Let’s work together to create transformational change. Learn more at johnrmiles.com/speaking.Episode Starter Packs With over 500 episodes, it can be overwhelming to know where to start. We’ve curated Episode Starter Packs based on key themes like leadership, mental health, and personal growth, making it easier for you to dive into the topics you care about. Check them out at passionstruck.com/starterpacks.Catch More of Passion Struck:If you liked the show, please leave us a review—it only takes a moment and helps us reach more people! Don’t forget to include your Twitter or Instagram handle so we can thank you personally.How to Connect with John:Connect with John on Twitter at @John_RMiles and on Instagram at @John_R_Miles. Subscribe to our main YouTube Channel here and to our YouTube Clips Channel here. For more insights and resources, visit John’s website.Want to explore where you stand on the path to becoming Passion Struck? Take our 20-question quiz on Passionstruck.com and find out today!

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The Passion Struck podcast is for educational and entertainment purposes only. The views and opinions expressed do not necessarily reflect those of Passion Struck or its affiliates. This podcast is not a substitute for professional medical or psychological advice.

Transcript

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0:00.0

Coming up next on Passionstruck.

0:02.1

I'm most concerned about, and I cover quite a bit in the book, is the way in which China has

0:08.1

its finger on global telecom networks.

0:11.9

And this was really the reason why the first Trump administration started trying to bring Huawei

0:17.8

down to size, because Huawei a great Chinese company quickly dominating

0:22.3

global 5G networks. Even to this day, there's a lot of our telecom networks that are dependent

0:27.5

on Chinese base stations and routers. I am concerned about China's ability to shut down our communications

0:35.3

in a true break glass conflict scenario.

0:38.3

Welcome to Passionstruck.

0:39.3

Hi, I'm your host, John R. Miles, and on the show, we decipher the secrets, tips, and

0:45.3

guidance of the world's most inspiring people and turned their wisdom into practical advice

0:50.3

for you and those around you.

0:52.3

Our mission is to help you unlock the power of intentionality

0:56.0

so that you can become the best version of yourself.

0:59.0

If you're new to the show, I offer advice and answer listener questions on Fridays.

1:04.0

We have long-form interviews the rest of the week with guests ranging from astronauts to authors,

1:10.0

CEOs, creators, innovators,

1:13.6

scientists, military leaders, visionaries, and athletes. Now, let's go out there and become

1:19.4

Passionstruck. Hey, Passionstruck, fam. Welcome to episode 577. Whether you're a long-time

1:25.6

listener or tuning in for the first time, I am thrilled you're here.

1:29.6

You're now part of a global movement dedicated to living with intention, unlocking your full

1:34.4

potential and making what truly matters matter most.

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